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First Mover Americas: Crypto Prices Little Changed, XRP Surges

The latest price moves in crypto markets in context for Aug. 8, 2024.
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Metaplanet Arranges Loan to Buy $6.8M of BTC

The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May.
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The Protocol: Death Cross, Dip Buying and Developer Nerves

Bitcoin swooned, and crypto markets followed. Should blockchain-project founders and developers be worried? PLUS: We break down Ronin Network's $12 million run-in with white-hat hackers.
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These Two Bitcoin Indicators Offer Light in a Gloomy Marke

BTC has dropped over 13% this month, but all is not lost, according to key indicators.
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Is Bitcoin Still a Store of Value?

It depends on what you're trying to protect that value from. Market meltdowns like Monday's? No. Confiscation or monetary inflation? Maybe.
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MicroStrategy Bull Doubles Down on The Stock by Raising Price Target to Wall Street High

The broker raised its year-end price target for the software company to $2,150 from $1,875.
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Kamala Harris Can’t Cede Crypto to Trump, Could be Difference in Battleground States: Think Tank

"Kamala Harris must lay out her own agenda for cryptoassets or she risks ceding the ground entirely to the Republicans," said the commentary from OMFIF’s Digital Monetary Institute.
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Bitcoin Still Offers Attractive Risk-Reward Ratio, On-Chain Indicator Shows

Long-term holders are motivated to hold at bitcoin's going market rate, implying an attractive risk-reward for existing or potential investors, according to the "reserve risk" indicator.
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Bitcoin as a Strategic Reserve

Both former President Donald Trump and Sen. Cynthia Lummis proposed the U.S. hold its bitcoin.
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MicroStrategy Reports Q2 Loss; Bitcoin Holdings Rise to 226,500

Still not switching over to mark-to-market, the company booked an impairment charge of $180.1 million in the second quarter.
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